Financial disaster can strike anyone at any time, even people who have perfect credit. You could become ill or injured and incur a mountain of medical debt or a change in the economic climate could cause you to lose your primary source of income. No matter the root cause of your financial woes, working with a Chapter 7
Bankruptcy Attorney in Wichita, KS may be a solution. It is now much harder to have debts discharged in a chapter 7 bankruptcy. If the courts feel you don’t qualify for bankruptcy protection, they may change your petition to a chapter 13 or deny it altogether, leaving you to deal with persistent creditors. A chapter 7 bankruptcy attorney can review your case and advise you on the best way to proceed to increase the chances of a favorable outcome. To be successful, however, you must be open about your financial situation and your goals. Be certain to divulge to the attorney information about all of your assets. This can help the lawyer determine which ones are protected under the law and which ones you’ll likely have to give up, so you can make the necessary decisions regarding those assets.
Not all debts are eligible for discharge, so you’ll need to do the same with your debts. The attorney can advise you about the ones that will be eliminated in the bankruptcy and those you’ll need to make arrangements to pay for once the case ends. If the attorney determines that, for whatever reason, your case may not be discharged as planned, he can suggest alternative options for dealing with debt and creditors such as debt consolidation or negotiating directly with creditors to pay a lesser amount on the money owned.
No matter how you ended up in financial straits, hiring an experienced Chapter 7 Bankruptcy Attorney in Wichita, KS like Attorney Philip L. Weiser can make it easier to get through the process of filing for bankruptcy. Take a moment to contact the attorney’s office and an appointment for a free consultation to see how the bankruptcy lawyer can help you in your time of need.